Berkeley Frontier Fund will provide growth-stage funding to companies emerging out of the University of California campus, and has already made four investments.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Mike Locker will oversee the home improvement product retailer’s new investment arm.

The drug wholesaler’s CVC fund will have up to $39.3m in capital, and will be led by Suzuken's head of corporate strategy, Yuichi Yamamoto.

Web3 services provider Venly and genomic analysis technology provider Genome Insight each raised $23m while Rui Ye Lian helped Cedarlake Capital close a $189m fund.

Lots of indirect investments in startups in April

Bayer has previously invested about €1.3bn in more than 50 companies in the past seven years.

Matthieu Benkerant promoted to group director of VC funds.

Matteo Leibowitz will head the CVC unit alongside Mary-Catherine Lader.